Arbeitspapier

Estimating damages from price-fixing: The value of transaction data

We use a unique private data set of about 340,000 invoice positions from 36 smaller and larger customers of German cement producers to study the value of such transaction data for an estimation of cartel damages. In particular, we investigate, first, how structural break analysis can be used to identify the exact end of the cartel agreement and, second, how an application of before-and-after approaches to estimate the price overcharge can benefit from such rich data sets. We conclude that transaction data allows such a detailed assessment of the cartel and its impact on direct customers that its regular application in private antitrust cases is desired as long as data collection and preparation procedures are not prohibitively expensive.

Language
Englisch

Bibliographic citation
Series: ZEW Discussion Papers ; No. 12-036

Classification
Wirtschaft
Subject
antitrust policy
private enforcement
cartels
overcharge
damages
cement
Zementindustrie
Kartell
Zement
Preis
Umsatz
Soziale Kosten
Schätzung
Deutschland

Event
Geistige Schöpfung
(who)
Hüschelrath, Kai
Müller, Kathrin
Veith, Tobias
Event
Veröffentlichung
(who)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(where)
Mannheim
(when)
2012

Handle
URN
urn:nbn:de:bsz:180-madoc-323181
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hüschelrath, Kai
  • Müller, Kathrin
  • Veith, Tobias
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Time of origin

  • 2012

Other Objects (12)